The joint-stock company was the forerunner of the modern corporation. In a JOINT-STOCK VENTURE, stock was sold to high net-worth investors who provided CAPITAL and had limited RISK. These companies had proven profitable in the past with trading ventures. The risk was small, and the returns were fairly quick.
It was the French who sold the Louisiana Territory to the United States. This sale was made under the direction of Napoleon's government in order to help France pay for their war materials.
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<em>D. Time measurement became more important as civilizations became more advanced.</em>
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Tobacco
Explanation:
Tobacco West Virginia's most important cash crop throughout the colonial period.
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